Looking at the the 2/5 German curve. Feels like the curve has over stretched steepening during this sell off in Bunds. Should flatten with an other rally. Will monitor the curve to see if it sells off a little. Again just an opinion and not advice (I have no skin in the game).
Perhaps the US economy is stronger than previous perception. Even though the financial press is still implying that a US rate cut is going to happen its just to what scale. A strong correlation exists between Bunds and UST so we have seen some retraction in yields on the back of stronger than anticipated employment data. But I still think higher yields are...
